How do secured £50,000 loans work?

Also known as homeowner loans, we offer £50,000 loans to UK residents that are ‘secured’ against your property. This lowers the risk of lending from our perspective while also improving your chances of getting approved and accessing a better loan. Plus, you can apply online in minutes.

Beyond the security element, our £50,000 loans work like standard instalment loans. If we approve your application and fund your loan, you will then repay the loan back in regular payments with interest on top.

The length of your repayment term can range from 1 to 20 years depending on your affordability and preferences. We offer total transparency around costs too – there are no hidden fees or charges.

What are the benefits of a secured £50,000 personal loan?

The key advantages of a £50,000 secured loan are:

• Accessibility: If you have a hard time getting approved for credit, offering security reduces the focus on your credit score and could improve your chances of getting the money you need.
• Flexibility: We offer repayment periods from 1 to 20 years, which means you can spread out your payments in a way that suits your budget.
• Better rates: Using your home as security may help you access better £50,000 loan interest rates too, reducing how much you repay in total.
• Range of purpose: Need a £50,000 home improvement loan? Want to consolidate your debts? We offer loans for almost any purpose.

What should I consider before applying for a £50,000 cash loan online?

Borrowing any amount of money comes with an element of risk if you can’t afford your repayments. Try to think carefully about how much you need, what for and how you’ll pay it back. As a responsible lender, we always offer loans that we’re confident our customers can afford and are sustainable.

With a secured £50,000 personal loan, you risk having your home repossessed if you become unable to make your repayments. Missing payments will also damage your credit score, which is likely to make it harder to get credit in the future.

What can a loan from Evolution Money be used for?

• Carry out home improvements and invest back into your property
• A wedding loan could turn your plans into a reality
• Finance bigger personal items such as cars or bikes
• Consolidate multiple debts into one manageable regular payment
• Invest money into your business and watch it grow

Apply for £50,000 loan

Can I get a £50,000 loan?

You can apply for a £50,000 loan online if:

• You’re aged between 21 and 70 years old
• You’re a homeowner
• You live in the UK
• You can afford the repayments based on your regular income

Can I get a £50,000 personal loan with bad credit?

We’ll assess your application based on your wider financial and personal circumstances. This is because we understand that being able to repay the loan is more important than your credit history or the equity you have in your home. So, if you’re looking for loans up to £50,000 with bad credit, we might still be able to help.

How to get a £50,000 loan with Evolution Money

To apply, complete our secure application form or call 0161 814 9158 if you’d prefer to speak to someone. If you meet our initial lending criteria, one of our qualified loan advisers will give you a free no-obligation quote for the £50,000 loan you need.

We’ll ask for the following documents as part of the process:

• Proof of address (such as utility bills)
• Proof of income (your last 3 months payslips or tax returns)
• Proof of identity (passport or driving licence)
• Bank statements for up to the past three months
• Your mortgage account number and home insurance documents

We’ve helped thousands of customers find a suitable loan since 2011 and have a proud history of helping people who’ve been refused finance elsewhere. You don’t need a physical appointment and we can complete an online valuation of your home, in most cases.